• developing and evaluating the business plan, forecasts and budgets • strategic planning; preparing special purpose reports including statements prepared on comprehensive bases of accounting other than generally accepted accounting principles • preparing reports with opinion on specific financial statement elements such as accounts receivable and inventory reports • discussing results of applying agreed-upon procedures to specific financial statement elements; implementing cash flow and management reports • structuring and implementing financing plans for the start-up, operation, and expansion stages • preparing reports to management on the strengths and weaknesses of internal accounting controls along with recommendations to correct the weaknesses • preparing bank loan applications for initial or expansion capital needs • computer selection, implementation and training; • providing advice on business valuations and mergers and acquisitions. The Minnesota Society of Certified Public Accountants maintains a free referral service to put businesses in contact with qualified CPAs. Contact the MNCPA at the telephone number listed in the Resource Directory section of this Guide. ENROLLED AGENTS Enrolled Agents are trained and experienced tax professionals who have either passed a comprehensive examination given by the Department of the Treasury or have had five continuous years of experience with the Internal Revenue Service at the audit level. Enrolled Agents must maintain their credentials through continuing tax education which is reported directly to the Internal Revenue Service. Enrolled Agents are trained to handle complex tax returns for individuals, partnerships, corporations and other tax entities, and are authorized to represent taxpayers at all administrative levels before the Internal Revenue Service. Information and referrals may be obtained from the Minnesota Society of Enrolled Agents at the telephone number provided in the Resource Directory Section of this Guide. PREPARE + PROSPER Prepare + Prosper is a nonprofit organization that assists low- to moderate-income people to build financial well-being through free tax preparation and financial services, products, and coaching. Volunteers are trained—those in the tax clinics are IRS-certified. Contact Prepare + Prosper at the contact information provided in the Resource Directory section of this guide.
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